Nigeria’s rapidly expanding shopping mall sector is facing fresh uncertainty following the final shutdown of operations by Shoprite after 20 years of …
Shoprite
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News
Africa: Shoprite Announces Exit from Ghana and Malawi Amid Currency Volatility and Economic Challenges as Part of Regional Recalibration Strategy
by Atqnewsby AtqnewsShoprite Holdings has announced plans to exit the Ghana and Malawi markets as part of its ongoing regional strategy, marking its sixth …
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Africa
Africa: As Global Firm Procter & Gamble, others Exit Nigeria Amid Economic Struggles; Former Shoprite Chairman says Major Players will Return. “You cannot ignore 200m people”
by Atqnewsby AtqnewsSouth African billionaire Christo Wiese emphasized the significance of Nigeria’s vast and expanding population, stating that it is a force that businesses …
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ATQ News ArchiveATQ News UpdatesNewsUncategorized
Africa: South African Supermarkets Grapple with Egg Shortage Due to Ongoing Avian Flu Outbreak as Grocery Store Chains Are Forced to Ration Eggs
by Atqnewsby AtqnewsSouth African supermarket retailers are currently facing an egg shortage due to a severe bird flu outbreak. Shelves in stores across the …
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ATQ News ArchiveATQ News Updates
News: Plans by South African retail Giant to leave Nigeria stalled as Court dismisses request to vacate Order Stopping it from Leaving over $47m Debt
by Atqnewsby AtqnewsThe plans by South African retail giant, Shoprite to exit the Nigerian Market may not be anytime soon as a Federal High …
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ATQ News ArchiveATQ News UpdatesNews
News: The miscommunication by Africa’s largest retailer Shoprite in Nigeria
by Atqnewsby AtqnewsTwo stories out of Shoprite in the last 12 hours of 3 August 2020 point to the dangers of weak and ineffective …
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ATQ News ArchiveATQ News UpdatesNews
News: After the exit of Mr. Price and Woolworths, Africa’s largest retailer Shoprite, set to pull out of Nigeria. Its a lie shoprite says
by Atqnewsby AtqnewsSouth Africa owned grocery retail giant, Shoprite is leaving Africa’s biggest market, Nigeria, 15 years after it opened its first shop in …
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ATQ News ArchiveNews
News: South African Supermarket Chain Giant, Shoprite Misses Half-Year Forecasts on Hyperinflation Accounting
by Atqnewsby AtqnewsLeading South African supermarket chain, Shoprite Holdings SHPJ.J has reportedly missed half-year earnings forecasts on Tuesday, February 25, 2020 hit by hyperinflation …
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ATQ News ArchiveNews
Africa: Despite recession Shoprite profit grows by 60% in Nigeria
by Atqnewsby AtqnewsSouth African retailer Shoprite reported a 15.5 per cent jump in half-year profit, buoyed by sharp sales growth in Angola and Nigeria. …
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Xenophobia war: Nigerians attack MTN office in Abuja, Threatens Shoprite others
by Atqnewsby AtqnewsNigerians attack MTN office in Abuja, Threatens Shoprite others Vandals attacked the regional head office of telecommunication giant, MTN in Abuja stealing …